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Technician A says baking soda is now being used in blast cleaning. Technician B says some ring manufacturers blame glass bead cleaning for ring failure. Who is correct?
Notes Receivable
Written promises for amounts to be received by a business, typically recognizable as assets on the balance sheet because they represent a legal obligation for the payer to settle the debt.
Interest Receivable
The amount of interest income that has been earned but not yet received in cash.
Note Receivable
A written promise that signifies an entity or person will receive a specified sum of money at a defined future date.
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